Finance Quarterly Budget Statement
Finance Quarterly Budget Statement
Quarter: [Q2]
Prepared by: [Name or Department]
Date: [MM/DD/YYYY]
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INCOME |
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|
Description |
Planned Amount |
Actual Amount |
|
Sales Revenue |
$570,000 |
$543,000 |
|
Service Revenue |
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|
Interest Income |
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Dividend Income |
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|
Other Income |
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|
Total Income |
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|
EXPENSES |
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|
Description |
Planned Amount |
Actual Amount |
|
Personnel Costs |
$560,000 |
$544,500 |
|
Employee Benefits |
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|
Operational Expenses |
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|
Marketing and Advertising |
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|
Research and Development |
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|
Capital Expenditures |
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|
Debt Servicing |
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|
Other Expenses |
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|
Total Expenses |
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|
VARIANCE |
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|
Description |
Variance Amount |
Explanation |
|
Income Variance |
-$27,000 |
Lower-than-expected service revenue |
|
Expense Variance |
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|
CASH FLOW STATEMENT |
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|
Description |
Inflows |
Outflows |
|
Operating Activities |
$525,000 |
$510,000 |
|
Investing Activities |
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|
Financing Activities |
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|
Net Cash Flow |
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